” There is only one side of the market and it is not the bull side or the bearside, but the right side.” – Jesse Livermore
- Be a bear in a bull market.
- Keep shorting a bull market and see what happens. LOSSES.
- Wait for a deep pull back that never comes as the market goes higher and higher each day. Then chase at the end of the move.
- Buy puts and sell them for a loss over and over.
- Keep betting on a market meltdown as the indexes make all time highs over and over again.
- Buy ABC ,XYZ and see what happens. LOSSES.
- If your trading plan is the “the market just can’t go higher” you’re going to have a bad time.
- Short in the hole right at resistance. The bounces are brutal.
- Have a bearish opinion, keep a bearish opinion, trade a bearish opinion.
Being a stubborn perma-bull instead of a flexible trader.